Aluminum fell to 2,595.65 USD/T on July 4, 2025, down 0.48% from the previous day. Over the past month, Aluminum's price has risen 4.70%, and is up 2.37% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on July of 2025.

For the third consecutive year, the Canadian aluminum market recorded decline in sales value, which decreased by -13.2% to $853M in 2024. Over the period under review, consumption saw a perceptible decline. As a result, consumption attained the peak level of $3.5B. From 2020 to 2024, the growth of the market remained at a lower figure.

In 2022, the Canadian aluminium market increased by X% to $X, rising for the fourth consecutive year after three years of decline. In general, consumption showed a slight increase. Aluminium consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Aluminum price reduced to $3,111 per ton (FOB, Canada) in February 2023 compared to the previous month, a decrease of -31.6%

Canadian aluminum manufacturers produce various aluminum products, ranging from alumina to finished aluminum sheets and foil. Aluminum is lightweight, ductile, corrosion-resistant, highly conductive and recyclable, making it useful in various applications. For instance, aluminum sheets are a major input into automobiles and airplanes, while aluminum foil and rolled sheets are commonly used in containers and packaging material. The United States accounts for nearly all exports, making domestic manufacturers highly dependent on international trade. Aluminum Manufacturing industry revenue has been expanding at a CAGR of 2.3% over the past five years and is expected to total $16.5 billion in 2024 when revenue will jump by an estimated 1.7%. This growth can be mainly attributed to rising aluminum prices and exports. Profit has remained stable over the past five years as lower labour fees have been offset by an increase in purchase costs. Aluminum manufacturers' performance has been defined by recovery within the United States manufacturing, construction and industrial sectors. Demand from the US has sharply increased over the past five years. In September 2020, the US lifted its tariff on Canadian-produced aluminum, boosting exports in the following years. The industry exhibited its largest single-year growth in export volumes in 2021, which has largely continued. These trends are also apparent in the domestic economy, with both manufacturing and construction industries strongly recovering. The industry is poised to climb, fuelled by a strong US market. As vehicle fuel and emissions standards mount, aluminum will continue to replace steel because of its high strength-to-weight ratio. Rising automation in the production process will continue to reduce the number of lower-level workers, with automated machinery and other equipment increasingly performing functions previously carried out by production workers. The industry will continue to hire higher-skilled workers; however, creating innovative and cost-saving manufacturing processes is vital to remain profitable. Aluminum Manufacturing industry revenue is expected to expand at a CAGR of 2.7% to $18.9 billion over the five years to 2029.

Canada Export Price Index: Customs: sa: FM: Aluminum incl Alloys data was reported at 82.600 2002=100 in Aug 2012. This records a decrease from the previous number of 86.100 2002=100 for Jul 2012. Canada Export Price Index: Customs: sa: FM: Aluminum incl Alloys data is updated monthly, averaging 100.700 2002=100 from Jan 2002 (Median) to Aug 2012, with 128 observations. The data reached an all-time high of 131.100 2002=100 in Jan 2007 and a record low of 77.000 2002=100 in May 2009. Canada Export Price Index: Customs: sa: FM: Aluminum incl Alloys data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I029: Export Price Index: 2002=100.

The statistic shows the gross domestic product (GDP) at basic prices for the Canadian alumina and aluminum production and processing industry between 2010 and 2016. In 2016, the GDP for the alumina and aluminum production and processing industry stood at around 4.3 billion Canadian dollars.

Canada Export Price Index: Customs: MP: IM: Basic & Semi-Finished Products of Aluminum & Aluminum Alloys data was reported at 151.600 2017=100 in Jan 2025. This records a decrease from the previous number of 153.000 2017=100 for Dec 2024. Canada Export Price Index: Customs: MP: IM: Basic & Semi-Finished Products of Aluminum & Aluminum Alloys data is updated monthly, averaging 112.700 2017=100 from Jan 2017 (Median) to Jan 2025, with 97 observations. The data reached an all-time high of 173.500 2017=100 in Apr 2022 and a record low of 86.500 2017=100 in Jun 2020. Canada Export Price Index: Customs: MP: IM: Basic & Semi-Finished Products of Aluminum & Aluminum Alloys data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I027: Export Price Index: 2017=100.

18967 Global export shipment records of Aluminium Scrap with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Metal wholesalers in Canada distribute metal products to a variety of markets that use them as inputs. Three manufacturing subsectors account for the bulk of demand for metals, including machinery, fabricated metal and transportation equipment manufacturers. Despite considerable volatility, demand from these segments is estimated to have risen since 2019. Throughout the period, industry performance has varied in response to fluctuations in the price of steel and iron. Revenue growth has also been influenced by changes in oil and natural gas prices, which impact downstream activity in manufacturing and construction markets. Changes in consumer spending during the COVID-19 pandemic also affected these key markets. Over the past five years, metal wholesaling revenue is estimated to rise at a CAGR of 4.4% to $31.4 billion in 2024, when revenue is forecast to fall by 0.9%. Variations in steel prices have influenced performance through the end of 2024. Global steel overcapacity, alongside falling demand from oil and gas markets during the pandemic, led to sharp declines in prices and volumes. The price environment began to change as the economy began to recover in 2021 when metal prices rose sharply. Cooling economic growth is expected to cause revenue to slightly decline in 2024, though average industry profit is forecast to remain relatively steady. Metal wholesaling revenue is expected to fall at a CAGR of 1.2% to $29.6 billion through the end of 2029. While manufacturing growth will be moderate, iron prices are forecast to decline from recent highs. Iron and steel demand from downstream industries is forecast to remain mixed, helping to partially offset unfavourable price changes. Forecast global economic growth is expected to encourage nonresidential construction activity and consumer spending, further moderating any drop in revenue.

325 Global import shipment records of Aluminium Coil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Aluminium Alloy Tube Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

The United States & Canada aluminum tubes market is set to enjoy a valuation of US$ 177.2 million in 2023. Over the next decade (2023 to 2033), aluminum tube sales across the United States & Canada are likely to soar at 4.4% CAGR. By 2033, the total market value is expected to reach US$ 272.7 million.

Attribute	Key Insights
Estimated United States & Canada Aluminum Tube Market Value (2023)	US$ 177.2 million
Projected United States & Canada Aluminum Tube Market Size (2033)	US$ 272.7 million
Value-based CAGR (2023 to 2033)	4.4%
Collective Value Share: Top 5 Companies (2022A)	45% to 50%

Country-wise Insights

Country	United States
Market Share (2023)	87.7%
Market Share (2033)	85.9%
BPS Analysis	-180

Country	Canada
Market Share (2023)	12.3%
Market Share (2033)	14.1%
BPS Analysis	+180

Scope of Report

Attribute	Details
Estimated Market Value (2023)	US$ 177.2 million
Projected Market Value (2033)	US$ 272.7 million
Anticipated Growth Rate (2023 to 2033)	4.4% CAGR
Historical Data	2018 to 2022
Forecast Period	2023 to 2033
Quantitative Units	Revenue in US$ Million, Volume in Units, and CAGR from 2023 to 2033
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Capacity Cap Type End Use Country
Key Countries Covered	United States Canada
Key Companies Profiled	MonteBello Packaging Inc. Pack-Tubes AllTub Group AmberTube Linhardt GmbH & Co. KG Sonic Packaging Industries Inc. Apackaging Group LLC AndPack Inc. Paket Corporation LAGEENTUBES Clt-Th Packaging Sl

The apparent consumption of aluminum in the United States totaled 4.3 million metric tons in 2024, an increase from the previous year, when the amount was 4.15 million metric tons. U.S. aluminum consumption Transportation applications accounted for about 36 percent of domestic consumption in 2024, with the remainder being mostly used for packaging, building, and electrical purposes. Composites can be substituted for aluminum in various applications. For example, glass, paper, plastics, and steel can be used instead of aluminum in packaging and composites, while steel, vinyl, and wood can replace aluminum in construction applications. The average spot price of aluminum ingots was 1.30 U.S. dollars per pound in 2024. Proposed aluminum tariffs The President of the United States has announced to impose a 25 percent tariff on steel and aluminum imports effective from March 2025. This policy impacts key trading partners, including Canada, Mexico, Japan, South Korea, and the European Union, who were exempt from the 2018 tariffs. The United States imported approximately 4.8 million metric tons of aluminum for consumption in 2024.

506 Global export shipment records of Aluminium Ingots with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Canada Import Price Index: Customs: MP: IM: Unwrought Aluminum & Aluminum Alloys data was reported at 164.700 2017=100 in Jan 2025. This records a decrease from the previous number of 165.600 2017=100 for Dec 2024. Canada Import Price Index: Customs: MP: IM: Unwrought Aluminum & Aluminum Alloys data is updated monthly, averaging 115.800 2017=100 from Jan 2017 (Median) to Jan 2025, with 97 observations. The data reached an all-time high of 208.300 2017=100 in May 2022 and a record low of 94.500 2017=100 in Aug 2020. Canada Import Price Index: Customs: MP: IM: Unwrought Aluminum & Aluminum Alloys data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I031: Import Price Index: 2017=100.

3686 Global import shipment records of Aluminium Profiles with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Aluminium and Titanium Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

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Aluminum Market Size 2025-2029

The aluminum market size is forecast to increase by USD 37.87 billion at a CAGR of 3.9% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing demand for this lightweight metal in the electric vehicle (EV) industry. As automakers shift towards producing more fuel-efficient and environmentally friendly vehicles, the adoption of aluminum in EVs is on the rise, presenting a lucrative opportunity for market participants. Furthermore, the use of aluminum in various end-user industries, such as construction, packaging, and transportation, continues to expand due to its versatility and strength-to-weight ratio.
To capitalize on the market's growth potential and navigate the challenges, industry players must remain agile and adapt to the evolving market landscape. Companies can explore opportunities in emerging applications, such as aerospace and renewable energy, while implementing cost-effective production methods and optimizing their supply chain to mitigate the impact of price fluctuations.

What will be the Size of the Aluminum Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The aluminum sector experiences dynamic market activity, driven by various trends and factors. Aluminum's versatility in the aerospace industry and electric vehicles market continues to fuel demand. Solar energy integration in aluminum processing enhances its sustainability, while recycled secondary aluminum reduces environmental concerns. Battery technology advances, such as aluminum-ion batteries for electrical applications, further expand aluminum's reach. Strict regulations in residential real estate contribute to increased home loan disbursements and registrations, boosting demand for aluminum in building and construction.

The 3D printing revolution offers new opportunities for secondary aluminum usage, adding to the sector's growth momentum. Bauxite mining remains a crucial source, ensuring a steady supply for the aluminum industry. However, the market faces challenges, including the volatility of London Metal Exchange (LME) prices for aluminum. This price instability can impact the profitability of companies in the aluminum value chain, necessitating effective risk management strategies and price hedging techniques.

How is this Aluminum Industry segmented?

The aluminum industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Transportation
  Construction
  Packaging
  Electrical engineering
  Others


Type

  Primary aluminum
  Secondary aluminum


Technology

  Extrusion
  Casting
  Rolling
  Others


Geography

  North America

    US
    Canada


  Europe

    Germany
    Italy
    Poland
    Spain


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By End-user Insights

The Transportation segment is estimated to witness significant growth during the forecast period. The market encompasses various industries, including aerospace, automotive, rail transportation, marine, construction, electrical applications, and renewable energy. Aluminum's popularity stems from its lightweight, strong, and corrosion-resistant properties. In the transportation sector, aluminum is extensively used due to its ability to reduce overall vehicle weight, enhance fuel efficiency, and increase load capacity. The aerospace industry, in particular, relies heavily on aluminum, accounting for approximately 76%-79% of its composition.

Aluminum alloys, such as 7075, which contains aluminum, zinc, magnesium, and copper, are widely used in aerospace applications for fuselage, doors and floors, passenger seats, engine turbines, and cockpit instrumentation. Additionally, aluminum is a key component in the manufacturing of electric vehicles and their batteries, such as aluminum-ion batteries. Furthermore, aluminum is utilized in the construction industry for wrought alloys and cast products, solar energy applications, and the flexible packaging sector. Bauxite ore mining and scrap metal are essential sources for secondary aluminum production. Environmental concerns are increasingly influencing the aluminum sector, with a focus on sustainable mining practices and the recycling of scrap metal.

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The Transportation segment was valued at USD 47.9 billion in 2019 and showed a gradual increase during the forecast period.

The Aluminum market is witnessing robust growth driven by innovation and sustainability. The rise of the aluminum-ion battery as a viable energy storage solution is revolutioni

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Aluminum Flat-Rolled Products (FRP) Market Size 2025-2029

The aluminum flat-rolled products (frp) market size is forecast to increase by USD 25.3 billion at a CAGR of 7.1% between 2024 and 2029.

The market is experiencing significant growth driven by the increased adoption of green initiatives and the expanding mass transportation sector. The global push towards sustainable manufacturing and reduced carbon emissions is fueling the demand for lightweight and recyclable aluminum FRPs. In the transportation industry, the growing trend towards electric vehicles and the need for weight reduction to improve fuel efficiency are key factors driving the market's growth. Furthermore, the aerospace industry's increasing adoption of composite materials, including aluminum FRPs, is creating new opportunities for market expansion. The composite materials offer improved strength, durability, and corrosion resistance, making them an ideal choice for manufacturing aircraft components. However, the market's growth is not without challenges, including the volatility of aluminum prices and the intense competition from other materials, such as steel and composites. Companies seeking to capitalize on the market opportunities and navigate these challenges effectively should focus on innovation, cost competitiveness, and strategic partnerships. By staying abreast of market trends and consumer demands, they can position themselves for long-term success in the Aluminum FRP market.

What will be the Size of the Aluminum Flat-Rolled Products (FRP) Market during the forecast period?

Request Free SampleThe market encompasses a range of applications, including aluminum composites, bending, and fabrication for frames, doors, siding, molding, windows, and cladding. Advanced alloys, such as ultra-high strength aluminum, aluminum-lithium, aluminum-manganese, and aluminum-magnesium, are driving growth in this sector. Aluminum-titanium, aluminum-zinc, and aluminum-copper alloys are also gaining traction due to their unique properties. Manufacturing processes like welding, stamping, and joining are essential to producing high-quality aluminum components. Quality control measures are crucial to maintaining consistency and meeting industry standards. Price trends and sustainability initiatives are key factors influencing market dynamics. Aluminum's versatility and lightweight properties make it a preferred choice for various industries, including automotive, construction, and aerospace. The industry outlook is positive, with increasing demand for high-performance aluminum and aluminum recycling rates continuing to rise. Advanced aluminum alloys are being developed to cater to specific applications, such as aluminum-silicon for aerospace and aluminum-titanium for automotive. Coatings and cladding are also gaining popularity due to their protective properties and aesthetic appeal. Market segmentation includes various applications, such as automotive, construction, packaging, and others. The aluminum industry trends reflect the growing importance of innovation, efficiency, and sustainability. Aluminum assemblies and aluminum-lithium batteries are emerging areas of interest. In summary, the aluminum FRP market is a dynamic and evolving industry, driven by technological advancements, market demands, and sustainability initiatives. The focus on innovation and efficiency is leading to the development of advanced alloys and manufacturing processes. The future holds significant growth opportunities for aluminum and its various applications.

How is this Aluminum Flat-Rolled Products (FRP) Industry segmented?

The aluminum flat-rolled products (frp) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. Product TypePlates and sheetsFoilsEnd-userAutomotive and transportationBuilding and constructionIndustrialElectrical and electronics appliancesOthersGeographyAPACChinaIndiaJapanSouth KoreaEuropeFranceGermanyItalyUKNorth AmericaUSCanadaSouth AmericaMiddle East and Africa

By Product Type Insights

The plates and sheets segment is estimated to witness significant growth during the forecast period.Aluminum flat-rolled products, including plates and sheets, hold a significant market share due to their versatile applications in various industries. The manufacturing process involves passing aluminum through rolls under pressure to create sheets and plates. Aluminum sheets are extensively used in building and construction for facades, roofing, and siding, as well as in the aerospace industry for aviation skins. In transportation, they are utilized for tractor-trailers and automotive bodies. Additionally, aluminum sheets find application in cookware and home appliances. Aluminum plates are essential in the production of